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Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Furthermore, most communities stipulate that if anyone under the age of 55 resides in their community, they must live in a household where at least one occupant is 55 or older. Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis.
Laguna Woods Village is an age-restricted community for people aged 55 and over in Laguna Woods, California. It is the largest and most populous of the five similar communities in the city. [1] The village, formerly known as Rossmoor-Leisure World, was developed by Ross Cortese, a former fruit stand owner turned retirement community developer. [2]
There are plenty of benefits to independent living communities for those over the age of 55 — from socialization opportunities to living a low-maintenance lifestyle — but what are the ...
A standard rule-of-thumb says you have a good chance of making your savings last 30 years if you take 4% out in year one of retirement and adjust up for inflation annually.
Some communities are tied to an adjoining, apartment-style independent senior living community. Residents may have the option to rent or buy. Continuing Care: Communities that provide access to independent living communities, as well as assisted living and skilled nursing. Residents can transfer among levels of care as needs change.
The longevity secrets of Singapore, the 6th blue zone city where people are living the longest, happiest lives This story was originally featured on Fortune.com Show comments
By 2011, niche retirement communities or "niche senior communities' - known as "affinity retirement communities" by industry professionals - [29] had become "one of the biggest trends in retirement living." [28] These communities attract those over 55 who want to be in communities of like-minded individuals from the same ethnic background (for ...